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What is Terawatt ?
Terawatt will create a DAO, and also a deflationary Ethereum-based, private (zk-SNARKS)currency for global payments. The DAO will be funded and used by Utility Companies, L.E.D. Sellers, Businesses, token holders, and energy customers worldwide. The DAO will act as a decentralized global mutual/insurance fund to ensure Utilities (and businesses) always have access to funding (which constantly runs out) for subsidizing L.E.D. sales to their energy customers (or for businesses upgrading to L.E.D.s).
|Pre ICO Token Price||1 LED = 0.30 USD|
|Main ICO Token Price||1 LED = 0.40 USD|
|Accepted Payment Method||ETH|
|Minimum Contribution||0.2 ETH|
|Soft Cap||500,000 USD|
|Hard Cap||11,460,000 USD|
|Token For Sale||65,000,000 LED|
|Pre ICO Start Date||21.06.2018|
|Pre ICO End Date||14.09.2018|
|Main ICO Start Date||15.09.2018|
|Main ICO End Date||28.10.2018|
|Limited Area||USA, China, North Korea, Syria, Iran, Iraq, Belize|
LOS ANGELES REACHES ANNUAL SAVINGS OF $8.7 MILLION
Los Angeles, California began a huge installation of 140,000 LED street lamps in 2009. Since the conversion from HPS to LEDs, the city has recorded up to 63% energy savings and cost savings of $8.7 million this past year. The cost savings are the result of not only savings in electricity cost but a reduction in maintenance costs as well. As an article on Forbes reports, “In 2008, pre-LED roll-out, Los Angeles logged 70,000 street light repair and maintenance events; in FY 2012, maintenance and repair events fell to 46,300. LEDs are longer lived than the incumbent units they replace, which means that maintenance should steadily decline as LED units are fully deployed.” Again, savings in energy costs and maintenance equates to a minimization in tax increases and revised budgets with money allocated to much needed and often put off infrastructure repairs. Read the entire Forbes article on LA’s LED lighting project.